Short short stories, that is. For nearly four years now, writer Bruce Holland Rogers has been offering an e-mail subscription to his short stories. For $5 a year, subscribers get 36 stories – 3 a month delivered by e-mail – that range in length from 500 to 1500 words. So far he’s got 600 subscribers from about 60 countries. Rogers describes his stories as “an unpredictable mix of literary fiction, science fiction, fairy tales, mysteries, and work that is hard to classify.” It’s a neat idea and a good example of how writers can use the Internet to go directly to their readers rather than through publishers and literary magazines.
After spending a lot of time over the last week discussing Borders' new strategy to display more books face out (and thereby reduce the number of books a typical store carries), it turns out that the whole discussion may have been moot. The struggling chain had a need for more money to "remodel stores and pay for new technology," but, thanks to the rocky climate on Wall Street, Borders was initially unable to find a willing lender. Translation: without an infusion of cash, Borders was going to run out of money.This left CEO George Jones with few options. Pershing Square, a hedge fund with investments in many large retailers and Border's largest shareholder, has agreed to "lend $42.5 million and to make an offer for some of [Borders'] international chains," according to Bloomberg. The loan comes with a huge interest rate and comes with various provisions that give the fund ever larger control over the book chain's fate. Borders has also said that it is now seeking a buyer and the company has suspended its dividend. This deal is something of a last resort for Borders, and the stock plunged nearly 30% on Friday, the biggest drop in the company's history.So what does this mean to Borders customers and employees? It's still too early to know. the deal with Pershing staves off the possibility of Borders running out of money in the near future, and offers a life raft for the chain to get through the challenges brought on by the slowing economy. The path forward is tenuous at best; expect more developments in the coming months.
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Abebooks, the Canada-based book listing service has acquired Bookfinder.com, a search engine that compares prices of books from a variety of sources including Amazon, Barnes and Noble, Powells and hundreds of other smaller stores. They also list books from Abebooks site. Bookfinder.com founder Anirvan, in his blog post announcing the sale, said We will remain an independently operated and managed entity based out of Berkeley, but we'll now also be able to draw upon our Canadian friends' technology resources and industry expertise to help us develop our ideas, and make this an even more useful service for book buyers and sellers.What's in this for Abebooks? Presumably Bookfinder.com generates a decent amount of affiliate revenue by referring shoppers to all of these different book stores. Abebooks will get that revenue and they won't have to pay Bookfinder.com referral fees any more. I'm guessing that Bookfinder.com generates a decent fraction of Abebooks' traffic. Abebooks will now have some control over that entry point. I know a lot of serious book people use both sites to help build their libraries, and I'm sure they're hoping that this partnership will result in more features not fewer.Also, if you've never used Bookfinder.com before, you should give it a try. It's great for comparison shopping, and it covers books from all eras, including older books that typically aren't available through Amazon. I also use Bookfinder.com to price old books. Wondering what that old book you've been holding on to is worth? Search for it on Bookfinder.com and you'll see what various retail establishments around the world are selling it for.
I've returned from my trip home with lots of booty. Many of these books have been added to my reading queue, which has swelled to encompass the entire length of the shelf on which it sits. Time to get reading. For Christmas I received a couple of military histories by the venerable brit, John Keegan, The First World War and Intelligence in War: Knowledge of the Enemy from Napoleon to Al-Qaeda. I'm excited about both of these. I know little of the details of World War I beyond that it was a gruelling and brutal trench war. I think I mostly know this from reading All Quiet on the Western Front by Erich Maria Remarque when I was in high school. The second is interesting because the issue of intelligence seems to have recently become much more important to national defense than firepower and bombs. I also was gifted a copy of John McPhee's book-length panegyric to the American shad (The Founding Fish as it were), a topic that would shatter me with boredom were it not for McPhee's otherworldly ability to write engaging, entertaining prose about any topic under the sun. My mother continued her tradition (one that has proved rewarding over the years) of giving me a serendipitous art book. This year's selection was Juan Munoz. I know next to nothing about Munoz, but, as is often the case with these art books that my mother gives me, I'm sure I will suddenly notice his work everywhere and by the year's end he will have become one of my favorite artists. My birthday rolled around, too, as it so often does, a mere eleven days after Christmas, and some more books came my way. You could count the number of poetry books I have on my book shelves on one hand, but with the addition of C. K. Williams National Book Award Finalist, The Singing, which includes one of my favorite poems from recent years, "The Hearth," I now have one more. I also was presented with a copy of Scott McCloud's fascinating meta-comic about comics and why we can't help but love them, Understanding Comics. Hope everyone had a great holiday, as for me, I had a blast, but I'm happy to get back to the grind, so to speak. Expect more soon, I've got lots to write about at the moment.
I'm sitting in a Barcelona internet cafe in the completely empty non-smoking section... The smoking section is packed. It's only noon though, so it seems like most of the city isn't really awake yet. We are staying about four blocks from Gaudi's Sagrada Familia. It is under construction as it has been for decades, and it is a bizarre building to look upon. Over the next couple of days we will see some of Gaudi's other work. Today: art museums and La Boqueria, Barcelona's massive open air food market. I had hoped to get a lot of reading done on the plane, but the trip was so grueling that I didn't accomplish much. I worked my way through the first issue of The Believer, McSweeney's magazine about books and other fluff. Heidi Julavits' article about the lost art of book reviewing is the high point, after that it's mostly uneven to dull. But, hey, at least the folks on Valencia keep churning out new and interesting projects. Til next time...